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Check out Jim Cramer's latest trading recommendations on "Action Alerts Plus".

(Updates from 10:47 a.m. ET with closing information.)



) -- Here's what Jim Cramer had to say on


"Squawk on the Street" Wednesday.

Brean Capital downgraded shoe retailer


(DSW) - Get Designer Brands Inc. Class A Report

. Cramer said it's now common for analysts to downgrade a stock simply because it's had a big run. DSW fell 2.3% to $85.74.

JPMorgan said to take profits in

Taser International


. "Hey, great call by them," Cramer said in response. TASR dropped 5.9% to $11.15.

Cramer said to buy

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TheStreet Recommends

Core Laboratories

(CLB) - Get Core Laboratories N.V. Report

if you think oil is going higher. "They're a great company," he added. CLB was up 2.5% to $154.38.

Citigroup likes

Movado Group

(MOV) - Get Movado Group Inc. Report

and Cramer joked that he can't even walk by the store because it's so expensive. MOV was up nearly 1% to $42.87.


(ECOM) - Get ChannelAdvisor Corporation Report

should continue to do well thanks to the strong online advertising market, Cramer said. ECOM was flat at $32.96.

Ann Inc.


is doing well, Cramer said. He added that investors should not group this stock with teen retail. ANN was up 2.1% to $34.11.

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-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC Universal or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

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